MIRA
INFORM REPORT
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Report Date : |
23.11.2007 |
IDENTIFICATION
DETAILS
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Name : |
HONG KONG YAKULT CO LTD |
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Registered Office : |
Units A B & C 15FL World Tech Centre, 95 How Ming St
Kwun Tong Kowloon |
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Country : |
Hong Kong |
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Date of Incorporation : |
July 22, 1966 |
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Com. Reg. No.: |
0013045 |
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Legal Form : |
Private |
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Line of Business : |
Manufacture of a broad range of healthy drinks widely known as
"Yakult". |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
Up To USD 200,000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
name & address
HONG KONG YAKULT CO LTD
UNITS A B & C 15FL WORLD TECH CENTRE
95 HOW MING ST KWUN TONG KOWLOON, HONG KONG.
TEL : 852-23751103
FAX : 852-23751355
EXECUTIVE SUMMARY
INCORPORATION DATE :
JULY 22, 1966
REGISTRATION NO. :
0013045
LEGAL FORM :
PRIVATE
CHIEF EXECUTIVE :
MS. CORINNE LIU (ASSIST. MANAGER)
STAFF STRENGTH :
150
CAPITAL :
US$ 1,026,958
BUSINESS LINE :
MANUFACTURER
TURNOVER : N/A (AS OF DEC. 31,
2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
AVERAGE
RECOMM. CREDIT RANGE : UP TO
USD 200,000
MARKET CONDITION :
AVERAGE
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND : STEADY
GENERAL REPUTATION :
AVERAGE
EXCHANGE RATE :
HKD 7.77643 = US$1
Adopted abbreviations:
ANS - amount not stated
NS - not stated
SC - subject company (the company inquired by you)
NA - not available
M - million
HKD –Hong Kong Dollars
*Company History*
===============
1969 - Commenced
commercial operations.
*Company Registration*
===================
(1)
License number : 0013045
Date issued : 22 July,
1966
Issuing authority : Companies
Registry
Type of license : Corporate
(2)
License number : 02751243-000
Issuing authority : Business
Registration Office - Inland Revenue Dept
Type of license :
Business
*Capital Details*
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Authorized capital : HKD 8,000,000.00 divided into 8,000 ordinary shares
at HKD 1,000.00/-each, fully paid
*Office & Facilities*
================
Previous Contact Details
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Address : Rm
609-610, 6Fl Silvercord Tower 2, 30 Canton Rd Tsim Sha Tsui Kowloon Hong Kong
Yaer of relocation : 2006
*Corporate & Organization Structure*
=============================
Serves as overseas factory of YAKULT HONSHA CO LTD (Japan)
*Reputation*
==========
Reference checking for the purpose of establishing the firm's reputation
within the respective industry failed to reveal any negative information.
SC is not known to host website of its own at present.
E-mail: hkyakult@biznetvigator.com
For the past two years there is no record of litigation.
*Major Shareholders*
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Total number of shareholders
: 6
Total number of ordinary shares : 8,000
Shareholders' Name
No. of Ordinary Shares Amount of Shares (HKD)
% of Shares
-------------------------- -------------------------------- ----------------------------------- ----------------
YAKULT HONSHA CO LTD
6,400 6,400,000.00 80.00
Sou-ham Lam 380
380,000.00
4.75
Takahara Tetsuo 380 380,000.00 4.75
Peng-suan Lim 320
320,000.00
4.00
Ka-lung Lim 300 300,000.00 3.75
Lai-wai Woo 220
220,000.00
2.75
*Directors' Details*
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(1)
Yoshihiro Kawabata
Passport number : TF6116241
Address :
2-11-5 Taiheidai Tsujido Fujisawa-shi Kanagawa Japan
(2)
Sou-ham Lam
HK ID number :
A602249(1)
Address :
House6-C Hillgrove 18 Cape Drive Chunghom Kok Repulse Bay Hong Kong
(3)
Peng-suan Lim
HK ID number :
A322865(A)
Address :
Flat B 39Fl Cumine Court 52 Kings Rd Hong Kong
(4)
Hiroshi Narita
Passport number :
TZ0071023
Address : 3-24-6
Chiyoda Yotsukaido-shi Chiba Japan
(5)
Tadashi Suzuki
Passport number :
TF4282200
Address :
7-7-40-1410 Kamiochiai Chuo-ku Saitama-shi Saitama Japan
(6)
Tamotsu Tomibe
Passport number :
TF6872801
Address : 3226-60 Nozuda-cho Macida-shi
Tokyo Japan
(7)
Naomasa Tsuritani
Passport number :
TG4094524
Address : Rm
302 Nice Urban Plaza Nishi Ooi 3-27-3 Futaba Shinagawa-ku Tokyo Japan
(8)
Pak-chuen Woo
HK ID number : A203237(9)
Address : 11
& 12Fl, 111 Robinson Rd Hong Kong
(9)
Teruo Yokokura
Passport number : TG0620061
Address :
6-27-12 Kinuta Setagaya-ku Tokyo Japan
Shareholders' Details
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(1)
Lai-wai Woo
Address : 4Fl Woodland Gardens 62F Conduit Rd Hong Kong
(2)
Takahara Tetsuo (Deceased)
Address : 2-30-1 Chuo Nakano-ku tokyo Japan
(3)
Ka-lung Lim (Deceased)
Address : Flat H 23Fl Fu Kar Court 32 Fortress Rd Hong Kong
*Corporate Secretary*
==================
TRICOR SECRETARIES LTD (formerly SECRETARIES LTD)
CR number : 14900
Address : Level 28 Three
Pacific Place 1 Queen's Rd East Hong Kong
Management: Ms. Corinne Liu,
Assist. Manager
Mr. Tetsuo Ishizuka, Managing Director
Name Nationality
Job Description Dept. / Division
Ms. Corinne Liu Hong
Kong Assist. Manager Marketing
Mr. Tetsuo Ishizuka Japanese
Managing Director -
*Key Personnel*
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Tetsuo Ishizuka
HK ID number :
P714915(1)
Address :
Flat E 21Fl Sceneway Garden - Block 12 Lam Tin Kowloon Hong Kong
Responsibility :
Handles the overall management of the company.
*Main Products & Services*
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Specializes in the manufacture of a broad range of healthy drinks widely
known as "Yakult".
Products: Cultured milk
Fermented milk
drinks
Health drinks
Lactobacillus
beverages
Milk fluid
*Payment Terms*
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Sales
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Local : Cash or Credit
Export : Letter of Credit (L/C)
Telegraphic
Transfer (T/T)
Purchases
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Local : Cash or Credit
Import : Letter of Credit (L/C)
Telegraphic
Transfer (T/T)
*Local Distribution Network*
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Part of the annual turnover is attributed to local sales.
*Export Markets*
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Part of the annual turnover is attributed to export.
*Subsidiaries, Joint-ventures & Affiliates*
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Maintains a factory in China.
PAYMENT RATING : 3 OBTAINED SCORES : 69
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Implication |
Implications |
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1 |
Scores 85–100 |
Excellent |
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2 |
Scores 75 – 84 |
Above Average |
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3 |
Scores 50 – 74 |
Average |
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4 |
Scores 35 – 49 |
Fair |
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5 |
Scores 15 – 34 |
Below Average |
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6 |
Scores 01 – 14 |
Poor |
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NR |
No Data |
No Data |
The rating indicates the payment
pattern of SC based upon our Payment Database, comments from suppliers of SC,
information from banks (if available), as well as industrial sources.
Dealings on open terms may be possible for MODERATE amounts depending
on individual judgement experience.
As a private limited company there is no legal requirement according to
local corporate law for public disclosure of detailed financials.
*Bank Details*
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Bank name : SUMITOMO MITSUI BANKING CORP
Address : 1-1-2 Yurakucho
Chiyoda Ku Tokyo Japan
SC is considered medium-sized in its line with a long history. Taking
into consideration of SC’s general performance, a credit line up to USD 200,000
appears to be within SC’s capacities.
Attached:
trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Manufacturing 2023 Milk
and cream, condensed, evaporated, and dry
Manufacturing 2026 Fluid
milk and cream, and related products
Manufacturing 5143 Dairy
Products
Trading 2023 Milk and
cream, condensed, evaporated, and dry
Trading 2026 Fluid milk
and cream, and related products
Trading 5143 Dairy
Products
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Manufacturing 0401100000 Milk
and cream, not concentrated, not sweetened, fat content not exceeding 1%
by
weight
Manufacturing 0403900000 Buttermilk,
curdled milk and cream, kephir and other fermented or acidified milk
and
cream
Manufacturing 0403908500 Fermented
milk other than dried fermented milk or other than dried milk with
added
lactic ferments
Manufacturing 0403909500 Curdled
milk & cream, kephir & other fermented or acidified milk & cream,
w/n
concentrated,
sweetened, flavored or added fruit or cocoa
Manufacturing 0404 Whey
& milk products, flavored etc. or not
Manufacturing 0405207000 Dairy
products
Manufacturing 2202902000 Milk-based
drinks, nonalcoholic
Trading 0401100000 Milk
and cream, not concentrated, not sweetened, fat content not exceeding 1%
by
weight
Trading 0403900000 Buttermilk,
curdled milk and cream, kephir and other fermented or acidified milk
and
cream
Trading 0403908500 Fermented
milk other than dried fermented milk or other than dried milk with
added
lactic ferments
DETAILED PRODUCT
CLASSIFICATION & ACTIVITY
Activity Product/Service Description
Manufacturer Lactobacillus
beverages
Manufacturer Cultured milk
Manufacturer Skimmed milk
Trader Cultured
milk
Trader Fermented milk
drinks
Trader Health
drinks
Trader Lactobacillus
beverages
Trader Milk
fluid
Trader Milk,
re-constituted
Trader Pasteurized
milk
INTERNATIONAL
TRADE : ACTIVITY & MARKETS
Exporting to Asia
Exporting to Macau
Importing from Asia
Importing from Japan
RATING
EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)